THE ORDER’S NETWORK
With Bush in the White House, the WASP Establishment is seeking to re-conquer lost territory, not only within the domain of national politics, but within the financial community, the legal profession and big business. A struggle between some elements of the WASP crowd and the Jewish “New Crowd” on Wall Street has been playing out in the newspapers and federal courts for the past six years, beginning with the criminal indictments of junk bond dealers Ivan Boesky and Michael Milken and the bankrupting and criminal prosecuting of the powerful Zionist-run brokerage house Drexel Rurnham Lambert.
To some extent these wars reflect the kind of scramble that always takes place during a financial crisis and shakeout, when certain formerly powerful financial institutions are wiped out and others profit from their rivals’ adversity. During the Great Depression of the 1930s, the House of Morgan came out on top. Not coincidentally, Morgan Guaranty Trust and Morgan Stanley have been cornerstones of the Skull & Bones grouping on Wall Street since their founding during the last century. Founding partner Harold Stanley was a Bonesman.
One hub of the Order’s postwar economic power, the major multinational oil corporations, have clearly benefited greatly from President Bush’s “charming little colonial war” in the Persian Gulf. The leading oil companies which are linked to the Order are: Standard Oil Trust Corporation, Shell Oil of America, Creole Petroleum Corporation and Pennzoil Corporation. The founder and present chairman of the board of Pennzoil started out in the oil business in partnership with George Bush in Zapata Oil. It is interesting to note in the context of the Bonesmen’s deep involvement in the world petroleum business that George Bush, during his early days as a Texas oilman, had worked closely with the Kuwaitis.
Eight major Wall Street and Washington, D.C. law firms stand out as practically wholly-owned subsidiaries of the Order of Skull & Bones. Each of these firms was founded by members of the Order, and each of these firms continues to provide up-and-coming Order initiates in the legal community with training, credentials and connections. A review of the major corporate clients of these firms would reveal many of the most powerful companies among the Fortune 500.
The Skull & Bones law firms are:
- Lord Day Lord
- Davis Polk Wardwell
- Simpson Thacher Bartlett
- Debevoise Plimpton Lyons & Gates
- Cravath Swaine & Moore
- Covington & Burling
- Dewey Ballantine Palmer & Woods
- Milbank Tweed Hadley & McCloy.
In addition to their corporate clientele and their direct involvement in government through the frequent appointment of partners to Cabinet posts, these firms also specialize in handling the personal financial affairs and investment portfolios of the leading WASP families. In this respect, the Skull & Bones-centered WASP Establishment imitates the Venetian model. During the height of power of Venice, which was the trading capital of the Byzantine Empire, the leading families used their personal wealth to establish insurance companies, family funds and cultural programs through which they extended their political power.
Today, the prominent law firms listed above play a special role in directing the affairs of the leading tax-exempt foundations which shape the culture and public opinion of the United States and many foreign countries. We have already seen that McGeorge Bundy, a leading Bonesman, left his position as National Security Adviser to President Lyndon Johnson in 1966 to assume the presidency of the Ford Foundation. During the nearly two decades that Bundy spent directing the $3 billion tax-exempt fund, he arguably wielded more power than he did during his six years as the National Security Adviser to two presidents. Under the Bundy reign the Ford Foundation spent hundreds of millions of dollars to launch the environmentalist movement and funded scores of projects devoted to population reduction in the Third World.
From its early decades, the Order has concentrated much of its efforts at establishing, controlling and, in some instances, capturing the major tax-exempt philanthropic foundations of America. The Russell Sage Foundation, which specializes in “social control” programs, was founded by Bonesmen. Among the leading functions of the Russell Sage Foundation today is the maintaining of a centralized tracking of the finances of all the large tax-exempt foundations in the United States. The Peabody Foundation, the Slater Foundation and several of the Rockefeller foundations were all either started by members of the Order or have been dominated by Bonesmen from their inception. Other major family funds, like the Ford Foundation and the Carnegie Endowment, were wrestled from family control by the Skull & Bones apparatus. During the tenure of McGeorge Bundy, two members of the Ford family resigned from the Ford Foundation in disgust over the direction in which Bundy had taken the philanthropic agency.